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Kautilya_Sharma Updated 

Great Eastern Ship: One can enter this once it breaks the trendline which can happen very soon as it's the third time it has come near that. The risk-reward is very favourable with SL as 280 WCB.

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Tinplate forming an Inverse head and shoulders on weekly and daily both. Short term target is 220 and the long term is 280. Both are achievable within 4-6 months just one issue is the market. For the short term, the SL is 180 DCB and for the long term is 150 WCB.

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SBIN: Has given a breakout and confirmation candle has also come. The right time to enter as Bank Nifty outperforming Nifty. The risk-reward is very favorable. Buy every dip till 340. Stop loss and target mentioned in the graph.

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BPCL at a good point in terms of risk-reward. One can enter here with 400 as WCB stop loss. The target is near 470-480. If it clears that then can head to 520-530. Also, it has retraced till 50% and has formed a Bullish candle on weekly time-frame there.

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Granules near a trendline resistance. Can wait till it breaks or can add here in dips with keeping 295 as stop loss. If it can break this then can easily move upwards

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One can buy Orient Refractory with the Stop loss as 250 and target open. A beautiful retest of a breakout is visible with negligible volumes indicating weak hands are out. Deliveries are also above 60% for the fall.

Kautilya_Sharma Updated 

One can start accumulating Gold here at this level. It has retraced to 38% from the March lows. Also, the area is a support area. The RSI is also forming a falling wedge.

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COAL India One can enter in COAL India at CMP with the SL @135 Weekly Closing Basis. The stock is forming an Inverse Head & Shoulders pattern with the target of 175-180. Follow SL strictly. PSU's are looking very good on the charts. The volumes are also drying up which indicates consolidation near breakout.

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MARICO- Long The price had made an All-time high and then retested it and now been forming a slanting trendline and once it breaks then can give good upmove. One can add with SL 390 on WCB. There is no resistance so it can be a very wild ride.

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SUMICHEM: Long Forming a box or consolidation structure and every time previously the stock touched the upper line of the box it has corrected till the lower line but this time it didn't which shows strength in Buyers. Also, the elephant steps in the volume are visible which means someone is accumulating. Long with SL at 280. Can add till 290 or at CMP. If it...

Kautilya_Sharma Updated 

PNB- Long. It gave a breakout and has retested it successfully and now the next target is around 38 and then 42. If it clears these two then the next target is 50. PSU Banks index is also looking good.

Kautilya_Sharma Updated 

Long SBIN: A declining trend line is broken by SBIN on the weekly time frame and if you are an aggressive trader, then you can enter here, else wait for weekly closing above 282. Looks like the 3rd wave of Elliot wave pattern.

Kautilya_Sharma Updated 

HCL TECH. Forming a cup or rounding pattern for a target of 1000. One can enter once the slanting trendline is broken

Kautilya_Sharma Updated 

HDFCLIFE. An inverse Head & Shoulder is visible on the daily time frame. The neckline is around 630-640 region. One should wait for the price to break the slanting trendline and then enter for the targets of 700 (short term) and long term target of 850 (according to Inverse Head & Shoulder).